It is price sensitive because it is LM. Just like our other stocks where how we wish they can sign up with Philips or whatever big painkiller pharma and let them roll it out because they have access to big market. Well, when it comes to defense, LM is as big as they come. Their sales of Indago 4 from here on is as good as sales of Halo inside.
Meanwhile, as the market is still willing to let go of some cheap shares, good chance for latecomer to continue to accumulate without having to chase. With a low SOI of around 150m shares, when this takes the market fancy, especially if a quarterly comes in with a big order from LM or Droneup or any of our large partners, then the scramble would be most exciting to watch.
